Capchase, a firm offering non-dilutive capital for recurring-revenue businesses operating in the US and Europe, announced an $80 M Series B round which has been led by 01 Advisors.
QED, Caffeinated Capital, Bling Capital, ScifiVC, Thomvest Ventures, Tusk Venture Partners, Invesco and Gaingels also contributed to the investment round.
Nondilutive financing alternatives startup Capchase raised $80M in a Series B growth equity funding round led by 01 Advisors, with participation from previous backers QED, Caffeinated Capital, Bling Capital, ScifiVC, Thomvest Ventures, Tusk Venture Partners, Invesco, and Gaingels.
Launched in May 2020 and headquartered in New York, New York, Capchase has raised more than $400 million to date in a mix of both equity and debt. The company was founded by Ignacio Moreno, Luis Basagoiti, Miguel Fernandez, and Przemek Gotfryd, and strives to help recurring-revenue companies access future capital upfront.
He says the reaction of other real estate agents is that Aalto is trying to disrupt them.
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Freightpay, a Los Angeles, CA-based payment platform for global logistics, 3PLs, and freight forwarders, closed a $2m initial funding round.
The round was led by Defy.vc with Better Tomorrow Ventures and participation from BAM Ventures, Flexport and Socially Financed. A number of strategic angels joined, including Jett McCandless and Jason Duboe of project44.
New York-based Capchase has closed an $80 million Series B as the company looks to expand its funding platform that offers founders nondilutive financing alternatives.
The new round was led by 01 Advisors, with participation from QED, Caffeinated Capital, Bling, Scifi, Thomvest Ventures, Tusk Venture Partners, Invesco and Gaingels. Founded in 2020, Capchase has raised more than $400 million to date in a mix of both equity and debt. The new round was completely made up of growth equity.
Freightpay, a payment platform for global logistics, 3PLs, and freight forwarders, has raised 2 million in funding.
BearTax, a Seattle startup that helps cryptocurrency investors file taxes, raised a $3.2 million seed round led by Seattle VC firm Ascend. The company is led by Tela Andrews, a former product manager at tax software giant Avalara who acquired the business last year and recruited former colleagues at Avalara to join him. One of the original BearTax founders, Vamshi Vangapally, is now chief product officer. BearTax competes with TaxBit, Koinly, CoinTracker, and CryptoTrader.Tax, among others. Its investors include Defy.vc, BAM Ventures, Hustle Fund, Liquid2 Ventures, and Draper Startup House.
BearTax, a cryptocurrency tax platform, has netted $3.2m in its seed funding round, which was led by Seattle-based investor Ascend.
Other investors to the round include BAM Ventures, defy.vc, Draper Startup House, Tacoma Venture Fund, Hustle Fund, Liquid 2 Ventures, Sketchnote Partners and others.
The digital platform collects data on a variety of materials from many suppliers and analyzes what that information means for sustainability claims as well as retail and regulatory